LogFAQs > #966477240

AlCalavicci posted...

Is there any downside to having multiple bank accounts on your record? Does it get tied to your credit at all? Obviously checking accounts aren't credit, just wondering if there is any penalty to having multiple accounts (assuming you are fulfilling any obligations with the bank for minimum deposits and whatnot)

Because of how massive your line of credit is, you will likely have a higher credit score than when you started.

Make sure to sign up for cards in batches, so it counts as only one inquiry, though that washes out in a year anyway.